KBB shows sport bike wholesale values decline
October 3, 2011
Filed under Features
A Kelley Blue Book Motorcycle Value Change Report on the sport bike segment provided to Powersports Business shows that wholesale value of sport bikes has taken a dive in the past year.
With all OEMs included, the Kelley data shows that wholesale value of sport bikes for model years 2007-11 decreased by an average of 4.7 percent compared to a year ago. For all model years, the decline was 3.4 percent over the same time frame.
The decline was less drastic in the second half of 2011. With a timeframe that includes the Kelley Blue Book Guide dates of May/Aug. to Sept./Dec. 2011, all OEM sport bikes dropped an average of 0.2 percent in wholesale value for model years 2007-11. The decline was 0.3 percent for all model years during the same time frame.
Buell model-year 2007-11 sport bikes saw an increase of 3.5 percent in wholesale value over the past six months; Buell sport bikes from all model years had a 2.9 percent increase over the same time frame.
Honda sport bikes also came out with positive wholesale value over the past six months for its model years 2007-11, which increased 1.1 percent.
BMW had no change in value in any of the time periods.
MV Agusta took the biggest hit, with wholesale values of its bikes dropping 15.1 percent from a year ago for model years 2007-11. For all MV Agusta models, the year-ago decline in wholesale value was 12.8 percent. For the six-month period based on Kelley Guide Books, the five MV Agusta model years from 2007-11 saw a 10.4 percent decline in wholesale value, while all MV Agusta model years dropped 6.9 percent during the time frame.
KTM sport bikes saw their wholesale value decrease by 8.1 percent for over the last year for model years 2007-11. The drop in wholesale value was 4.9 percent for all model years over the same period.
Triumph’s one-year change in wholesale value for 2007-11 models declined by 4.3 percent, with all Triumph model years declining
4.8 percent. For the six-month time period of model years 2007-11, Triumph bikes had a 0.1 percent increase in wholesale value.
Ducati had a 5.2 percent decline in wholesale value of its sport bikes in the past year for the 2007-11 models. The decrease was
2.7 percent for all Ducati models over the same time frame.
Yamaha sport bike values saw a decline of 5.1 percent over the past year for model years 2007-11. The drop was 3.4 percent for all Yamaha model years.